The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-03-11

BEASs-Navy, 81 90; medium, 81 z
| al 81.
ST. LOUIS, Mo, Msrch l0.-Flou
steady and u1chsr ged. Wine { activ,
but irregular, aoU geoerslly lower
/ the market opened firm ADD rul. {
steady for Tina. but soon weakened
and decline i@jc, recovered a frac
ton but essed OF again towards tn,
close snd fms Ell 30 lover than
yetterdav; No. 2 d, cam. 7SI979c
May, s / 1slAc, closing at S01a; June
S0l@Sl4c, closing st S03 July, 79l6
So, closing al 79sc; September, 8ltd
SIC, closing at Sic. Corn mole active
and sirong+r, closing &c higher than
yesterday; NJ. 2. IN xed, cash, 36Io:
way, 361@S7tc, closing at S6sc; June,
S7t;. Ca verv doll, but q IN; No.
mixed, cash, 29lc bid; May, 29Ic.
Rive stea at Sc bid. Barley reg.
Zee ed Hay less sctivs; prize, STA
10; tinotny, sIOaIS SO. III < eed
nominally steady at ST., Bran fl m at
So. CoJnmeal STEADY at S2@2 05.
Z ceip s-Flour, 5000 brls; wnes,, H.
QUO bu; core, $1,000 bu; oats, Is QUO
M; rye, 1910 bu barley, 10000 bu.
Shrpments- -Four, $4,000 brls: wheat,
5000 bu; corn, 5000 bu; o4s, 5000 bu I;
rye, nor @; bailey. 1000 bu.
afternoon Board What a shade
easter. Corn stesdy and unchanged.
OIts 1 lower for Nay.
KANsAsCIrY, No, M rch 10. Wheat
duu; No. 2, re- cash, 7lc nj /; May,
75c b d. Corn stronger; No 2 Cash,
32d BID; April, 322c bid; May, @,34Ic
bid. Oats, nominal; 26ic asked.
CHICAGO. March l0.-Ihe wheat
market had W cked Iumor today,
The scenes OF excitement which &c.
companied ths sharp advancs of the
preceding three d VS. were rlvsled,
sh 'rtly after IL o'clock, when Their
was a wild scramble to un Dad song"
wheat on a falling market. There
va large amouIt OF hear ne ws aud
disqCietipg rumors which provoked a
sort IT hall pat ic and caused ole Of
the shsrpest declioes in prices that
trade mas known for years. May de-
Iiv, ~ d'opped to Sic, showing fall
deGl ne Of 8 C nts from the top figures
OF yesterday. Ope'a ors who have be-
come Coz firmed in their visws that a
CORNER" OF May wheat WAS PROTECTED
was divided in Their views as to
whether the cl que had sold their
mold ngs or were y mply allowing the
msrk' t to drop back in ord r to shake
out all the small dealers. Enormous
quantities OF wheat wers thrown on
the market by local hods for Gus
toners on stop" orders aud where
had expired. Ths marke
opened ttiI morning wi h May
at Size, or &c lower than last
bish'. A rally 10 SIZE followed, but
blu under the pressure of large offer
ings the prce broke off to 83. Con.
siderable "long" wheat was sold on
the down turn, bat the impression
Was that it Was outside and scattering
lots, and not wheat belonging L, the
bull clique. A rally 10 83ic succeeded |
with more confidence bslug sh Jwn by |
operators. 1t was reported that the !
duty on wheat in Frsnce
vas to 60 in effe t, and this helped
he depression. The Dvernment re-
bort showing the amount OF wheat on
hand to be in ex ess OF the supply one
year fgo, was also regarded as a stro, n
bear argument. While these STATE
nents my have bad their Ell c., it
vas noticed that several OF the former
Dig bear opera or5 had commenced to
nrow very large QUANTITIES. OF wheat
IN the market. Half emilio bush.l
OTIS were offered by one or two promi.
let bears, aud when the pauic
vas near its height the rumor
vas started that several large
u uses had failed The result wss
hat prices fell off in'the sharpest mau-
er i'm igiDable til May had touched
lc. A reaction to Sl3c followed,
There tie market rested at ] o'clock.
ne rumor of the failures WAS dis.
roved in he afternoon aGd the mar.
tt ialliAf e. 8 I anu closed for the
sy at S2B@S?. O3rn ruled cir my,
nd drsp,ts toe big br,sk la whsat,
ia ntained its prices fairly well. The
was active on DO h local and
inside accounts with shorts buying
o ly. The starting pr ce for NAV
as 413c, from which 1t advanced to |
y tlen broke III TO 4lS during The
aIie IN whoa aud cos d for the DIV
4l4c. OTIS Iulsd q1ies and
IN, sDd clio ed al yeste'dsy's figures. I
ash que atioGs ware ID foHo ye: G
our not quoted No. 9 spriog r
heat, 76s@774c; No 3.epriDg wheat, =
,minsl No. 2 RID, nom n " N. 2
m, 36t@3Ssc, No. 2 o ts, 4lc NJ. 1
we, Sic; N ;. 2 barney, 4939b2c; No. ?
fl K ed, 81 60; pune tim thy
ID 81 SOL SO. The leading futures $
ged as fIlo Wheat, No. Q
arch opened 1T isle tiVhest isle, 5
West 75b ), cl sing a. 76E 763c; My 5
ehed at SAL high 81 $40 lowest b
e, clcsiDg at o21t982i June opened n
S2ac, higheet 50! ., / West sole, clos.
1879, July opened at SIC, high
S2i, lowest 81, closing at 8lG,
I'm, No 2 March op ,utd at 36Ic, r,
gness SIZE, loves So, closing at
10; Msy opened Ats, hig s.
b, lowest &c, closing q, 4lIc; u
ne opened 1T 423c. h gbest 42lc, 3
vest All c,co-iog lt4l3i July ooened b
:, high at 433c lowest 423c, closing
424j. Olis, N0.2-Maic psned at
;, highest 24R !, loweal 24Ic, closing
24ic; May opened at 2ssc, highest
lc, lowest 2ac, cosing at 2aic; =,
ae openei at 29ac, h'g1est 2gi r
vtst z9i 2, closing at 29lc. Receipts u
Fonr, 1900 brls; wheat, 10 600 6u; o.
n, l4l 600 bu; Il ate, III 600 uu; rye, 81
NJ bu; barley, 24,000n Shipments sc
'lour, IA 90 brls; wheat 8 900 bu; "
n, 1874 0J0 bu; os's. 80 900 bu; rye, 81
ne; barley, 5000 bu. G,
PkOVlsIONs. m
'UTrER-Bu't.rine, l2@l5c; cream o.
II NJ